Libya: Growth of exports

The latest value from 2023 is 7.1 percent, an increase from -19.95 percent in 2022. In comparison, the world average is 5.19 percent, based on data from 130 countries. Historically, the average for Libya from 2004 to 2023 is 29.32 percent. The minimum value, -71.38 percent, was reached in 2011 while the maximum of 310.21 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.